Joint Venture Commercial Real Estate Proposal

[Sharon Jones]

Hi everyone.
I seen the ad below on a well known money-making site. This businessman is well known and respected on this other site. He claims he buys commercial properties all over the United States. I would like to JV and make some money w/him if possible. He mentioned that legal documents would be drawn up and signed between both parties. Also I would have to pay my own taxes on any income from JV.

Also I might add, I do not have any connections or experience in commercial real estate. However, I am low on funds, but have a lot of free time on my hands. I am willing to hustle and do whatever I can to find deals that meet his requirements.

Do you think I should go ahead and JV with him? If yes, how do I make sure this is not a scam? Should I ask for a proof of funds letter to show potential prospects? How do I locate commercial properties NOT on MLS or listed with a Broker?

AD:
I am looking for partners that can find multi-family apartments, office buildings, mobile parks and hotels in the US only that are for sale off market (not listed with a real estate broker) or that owners would consider selling for my investment group.

For all completed deals I'll pay you 10% of my monthly rent profits for 12 months. This is usually in the $500 -$8000 a month range but could be much more!

You can contact the owners of properties in a number of online and offline ways including free if you are willing to chat to managers of these buildings.

Thanks for responding.